Kibo Energy Share Discussion Threads

[uknighted] 09/9/2019 11:22

Presumably someone who believes in the prospects of this company.

[short6] 09/9/2019 11:19

Who in their right mind would accept KIBO shares at 5.25p.
Then again who would accept 61,000,000 shares in OPERA at 6p.

[catchingmice] 09/9/2019 10:34

You watching ZIOC YAKI ?Remember i told you about it a few months back so did you have a PUNT ?Follow the MICELOL

[catchingmice] 09/9/2019 10:32

Get aboard ZIOC I tipped it a few months ago and got criticized by YAKI.It's ready for the Launch pad and this is just the startTHE MICE

[yidarmytom] 09/9/2019 10:27

Referring to the Title of this thread, when is the next one? I have rarely seen a Company destroy Shareholder value in the way this one has. The entire Board should be disposed of.
Best
Tom W

[yidarmytom] 09/9/2019 09:56

"a preliminary notice to proceed with the construction and commissioning of the 5MW gas-fuelled power generation plant at Bordersley "

"The plant is targeted for commercial commissioning end of Q1 2020"

It is simply impossible to construct a small Gas fired power plant, and get it commissioned and delivering power to the Grid in 6 months.

And what is the cash position of Kibo? Surely there is none left.

[lurker5] 09/9/2019 09:33

That's because the usual obfuscation. He's given us a NPV - but if he understood the economics of his own projects (and wanted to be open with shareholders) he'd have given the discount rate and the project life as well. Assuming a 5% discount rate (OK for the UK ?), £5.1m NPV equates to £1.29m pa for 15 yrs, or £860,000 pa for 20 yrs. And that's before tax. So maybe enough to cover half Kibo's running costs.
But we still don't know how the plant is to be financed Assuming the irr is 14% (in the range he's mentioned in the past) the project cost is around £2-3m. Where's that coming from ? Banks might lend some, but at a cost.
As for the rest, Kibo says it won't be contributing itself, which means someone else, who will want his share of the profits. So, as usual, we are in the dark. Is that NPV just for the project ? Or does it allow for the reduction in NPV due to the costs of borrowing and the share taken by the other funders ? In which case the profit flowing through to Kibo will be that much less.

[catchingmice] 09/9/2019 08:48

LC Has done it again share price down on another RNS

[yaki] 09/9/2019 08:14

Another great news today.

Next - FC + last permits etc and final notice of construction.

I would doubt it would take more than 2-3 weeks to build the concrete pad and install the gas turbines.

This projects NPV is close to Kibo's market cap. And another 20 x that to follow!

[shovon1000] 09/9/2019 08:01

It is a very good RNS.

[shovon1000] 09/9/2019 07:39

Issuing share at 5.25 pence .

[uknighted] 08/9/2019 08:16

No I mean BoJo the hypocrite but this isn’t the place to discuss it.

[catchingmice] 07/9/2019 23:19

Don't you mean Jeremy Corbyn ?I like Boris he's the man

[uknighted] 07/9/2019 22:27

One other prediction from me - BoJo to resign, deservedly so!

[uknighted] 07/9/2019 21:53

CM just a hunch knowing how Watford hired and fired previously. Getting to the FA Cup Final counts for nothing in Watford.

Unfortunately I am out of the country and have been for a few weeks so can’t access a bookmaker!

If I were a betting man I’d put a few quid into Kibo but the Chump would accuse me of ramping so I wouldn’t do That!

Good (expected) result this evening against a poor opposition.

[catchingmice] 07/9/2019 20:39

Spot on i meantLOL

[catchingmice] 07/9/2019 20:39

Spot about Watford's manager UKN he's goneDid you have inside information he was out the door ?LOL

[uknighted] 07/9/2019 08:08

Ok sonic exactly what “ain’t right”?

[yaki] 07/9/2019 05:54

John

Disagree here. Main reason for the share price being so low is Shumba and Sands selling into any rise. Hence no one is buying (incl moi)
Simple supply and demand

Just look at NCCL, 1 project, but really strong s/h base and hence cap 4x Kibo's

Having said that it is all KIBO's and BoD directors fault. The buck stops with LC and BoD.

Otherwise KIBO is much further ahead then was when share price was 5p, eg MLs in TZ, 5MW PPA, pre PPA in Moz etc etc

My return expectations here have come down big time, due to the significant dilution. But at the same time I added quite a few shares at these sort of levels. Might do my final 1-2mln in the next few weeks, once selling winds down.




lurker5 6 Sep '19 - 15:08 - 2149 of 2151
0 2 0
It doesn't matter what LC thinks he is achieving - or might be achieving, He's driven the shares into the ground by thinking that by refusing to give investors the full facts about his 'projects', and what they will cost in dilution and dents to the share price, he is getting one over them (think back to his confirming Doh!forts share price 'target' ! at a PR event). Its been obvious for years that he doesn't care about the share price (or, worse, and what I believe is the case, he doesn't even know how to manage his 'ambitions' and at the same time keep shareholders happy with a strong share performance) For that reason he isn't suited to be CEO of a publicly listed company and shareholders should have found someone by now who is. But the clappies (who boasted the had big shareholdings before Shylock hoovered up a pile!!) haven't a clue either, so missed any chance to do so. From now on it will be dilution, dilution, dilution until even the clappies take their suicide pills. LC never will - having bamboozled them to keep giving him his salary.

[s0n1cb00mb0y] 06/9/2019 23:14

Have to say you are bang on there lurker.

[s0n1cb00mb0y] 06/9/2019 23:12

Problem is LC never listens to anyone he will probably get a project over the line someday but the company will have about 2bn shares in issue then.Amazing the sums people are down now yet still feel chirpy....ummmm something ain't right.It's so obvious it's untrue.

[jammydodger1] 06/9/2019 15:43

LurkerThe clappies just dnt get it.They cannot see what a sham this isThey cannot see what a scam this isImagine being able to run your own company where idiots put money into and you claim all sorts and pretend your doing something when really you dnt do hardly any work, take out £250k per annum as your salary because you think it's justified and just carry on.Yet these idiots on here like waki baki yaki continue to support this clown lc including me Wimbledon who put his life savings into this. Can't they not see what is happening here Unbelievable This company will delist soon as they are running out of cash fast and they cannot place below value so what's next??? Another bailout from a bucket shop with some horrendous terms.

[lurker5] 06/9/2019 15:08

It doesn't matter what LC thinks he is achieving - or might be achieving, He's driven the shares into the ground by thinking that by refusing to give investors the full facts about his 'projects', and what they will cost in dilution and dents to the share price, he is getting one over them (think back to his confirming Doh!forts share price 'target' ! at a PR event). Its been obvious for years that he doesn't care about the share price (or, worse, and what I believe is the case, he doesn't even know how to manage his 'ambitions' and at the same time keep shareholders happy with a strong share performance) For that reason he isn't suited to be CEO of a publicly listed company and shareholders should have found someone by now who is. But the clappies (who boasted the had big shareholdings before Shylock hoovered up a pile!!) haven't a clue either, so missed any chance to do so. From now on it will be dilution, dilution, dilution until even the clappies take their suicide pills. LC never will - having bamboozled them to keep giving him his salary.